Is 5/8 greater than 6/16

For accounting purposes, the value of assets (land, buildings, equipment) in a business are depreciated at a set rate per year.

lidiya [134]

Answer: $ 125987.80

Step-by-step explanation:

Given: The value, V(t) of $393,000 worth of assets after t years, that depreciate at 15% per year, is given by the formula

$V (t)=V_o(b)^t$ , here $V_o$ is the initial asset value and b is the multiplicative decay factor.

The exponential decay function is given by ;-

$f(x)=A(b)^x$ , where A is the initial value , x is the times period and b is the multiplicative decay factor.

where b = 1-r, r is the rate of decay.

Since r = 15%=0.15

Therefore, b = 1-0.15=0.85

Now ,for 7 years , the value of assets is given by :-

$V=393000(0.85)^7=125986.795\approx125987.80$

Hence, the assets valued at after 7 years = $ 125987.80

4 0

2 years ago

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I WILL GIVE BRAINLEST

jenyasd209 [6]

Jenny is a full-time college student at the local university. She is debating whether to purchase renter’s insurance or not. In at least one paragraph, give Jenny 3 reasons why purchasing renter’s insurance is important. Also, give your recommendation on how much renter’s insurance she should purchase and why.a. Answers will vary. Jenny should purchase at least$11,050 worth of coverage to ensure that all of her belongings are covered.

8 0

3 years ago

Find the slope of the line that passes through (5,3) and (4,2).

GREYUIT [131]

Answer:

The slope is 1

Step-by-step explanation:

Slope = (y₂-y₁)/(x₂-x₁) = (2-3)/(4-5) = (-1)/(-1) = 1

Therefore, the slope of the line that passes through (5,3) and (4,2) is 1

8 0

2 years ago

Whitney kicks a football off the ground. The height, h , in feet, of the football above the ground after t seconds is given by h

malfutka [58]

Answer:

<em>after 4seconds</em>

Step-by-step explanation:

Given the height, h , in feet, of the football above the ground after t seconds expressed by h ( t ) = − 8 t^2 + 32 t, the height of the ball on the ground is 0feet.

Substitute h(t) = 0 into the expression and calculate t;

h ( t ) = − 8 t^2 + 32 t

0 = − 8 t^2 + 32 t

8t² = 32t

8t = 32

Divide both sides by 8

8t/8 = 32/8

<em>Hence the football hits the ground after 4seconds</em>

5 0

3 years ago

. 40% of 60 students of a class are good at art. How many students are not good at art? *

melisa1 [442]

Answer:

36

Step-by-step explanation:

1-40% = 1-0.4=0.6 or 60%

60% not good at art.

60*60% = 60*6/10 = 6*6 = 36

6 0

2 years ago

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